Kids, who'd have them eh? Its all part of the fun I guess and seeing them happy makes it all worthwhile. Mine are very young as well so it would be nice to be debt free hopefully in 6 years time when they are just starting to ask for things they need and we can actually afford them with CASH!
Size5 - we were fortunate that hubby retired when he did as it saved a lot of money, plus we had no problems when she was ill. As she was at school for 18 months before he retired, then we used to take seperate holidays so we could save on money.
Thank goodness she's an adult now!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I have been childminding for 20 years and I can well remember charging something like 2.30 per hour.....Now I charge 40.00 per day for 8 hours and invoice for activities.....I love my job and was very lucky my IP was able to see from my tax records etc that I earn a good salary.....sadly like all self employed people there is no guarantee that it all continues forevermore....and of course ....NO work...No pay....
I have lost one child last Sept when he went to school...I cared for him for 4 years.....I am about to lose another one who I have had for 2 years...his mum is stopping work....I still have a child that I have had since he was 11mths old...he is now 12 and I also care for a young guy with learning disability he was 15 when I first started and is about to turn 21 in July...
All the children I have had over the years have become almost part of my extended family and I still see most of them.....
Childminding is often seen as a poor relation to nursery...but I am extremely professional in all I do and last years I gained Ofsteds top grading in my inspection...
But having said all that when my sweetheart of a daughter hopefully has a baby ...I will drop it all to care for my grandchild no doubt.....
Last edited by moretolife on Thu Mar 26, 2009 3:51 pm, edited 1 time in total.
IVA completed 11th Dec 2009 due to a Full and Final with the fantastic help of Michael Peoples and
Mc Cambridge Duffy
I certainly never classed my childminder as a poor relation to nursery.
I couldn't have had a better person to look after my daughter and she certainly benefitted from it, she has grown up a happy and confident person and a lot of that I put down to the influences in her early life.
If you can drop on the right childminder, they are worth their weight in gold.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
hiya, not sure if this has been said but tax credits pay up to 80% of the childcare these days anyway, providing you are both working over 16 hours a week.
My childcare equates to £600 a month but i only have to find £120 of that myself. I also have to supply nappies, wipes and packed lunches but take that out of my food/shopping allowance. Unfortuantely we cannot rely on grandparents as they are too old or have their own jobs anyway but if we could i would not be paying them - £500 is a bit excessive IMO
Good information - do the credits depend on the income that you have?
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
We get a very small figure for child tax credit a month as we earn very close to the threshold so not sure we well get any help towards childcare? Vouchers, I am going to look into that at work tmrw. I understand 500 is steep and we will be putting a figure less than that into our proposal. 600 a month is quite cheap for childcare a month. Do u live in London? Also, I have two so costs are doubled plus it's more than 600 where I live.
I live on the south coast, but yes i do pay for 2 children, 1 is 4 and the other is 2. My 4 year old qualifies for the nursery education grant which provides him with 2 and a half hours a day free nursery during term time only - i have to pay for the extra hours. http://www.direct.gov.uk/en/Parents/Pre ... G_10016103
I also pay a childminder 2 days a week too because my nursery has a waiting list for 2 year olds so my youngest has to go to her 2 days a week, and i have mondays off so no childcare that day.
On average my nursery fees are approx £325 a month (after NEG is taken off) and my childminder is approx £330 a month
